Archives - 18 February 2014, Tuesday

The emergence of public ATMs, the company says, is a step toward making Bitcoin, a currency that's not backed by a government or bank and has no physical assets to prop up its value, a more comfortable buy for mainstream users outside the Webcentric circles where it currently thrives.

(Reuters) - Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency. The kiosks, to be installed in Seattle, and Austin, Te...

Albuquerque, N.M. — not tech-obsessed San Francisco or New York — has claimed the title of first city to install an operational Bitcoin vending machine in the U.S. The machine is up and running, as of Tuesday, at a cigar shop called Imbibe near the University of New Mexico, according ...

The digital currency bitcoin -- once used to facilitate online drug deals -- now appears to be enabling people to get around regulations banning online betting. Predictious.com , a new company from Ireland, offers a "prediction market" that allows people to bet on everything from the ...

Following the successful launch of an ATM in Vancouver last year, Bitcoin ATM maker Robocoin will install similar machines in Seattle and Austin this month. Touted by Robocoin as the first US Bitcoin ATMs , the machines cost around $19,000 and differ slightly from regular ATMs thanks ...

Robocoin did, however, deliver on its much-publicized plans to deliver the first cryptocurrency kiosk to Canada, rolling out the country’s inaugural bitcoin ATM in a coffee shop in downtown Vancouver in early November of last year. The machine reportedly churned out an impressive $100...

Stanford economist Susan Athey on how to analyze Bitcoin's value on fundamentals. By David Z. Morris FORTUNE -- In the last year, and with increasing intensity following the early December price spike that briefly put Bitcoin above $1,200, critics have sounded the alarm that the price...

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A Bitcoin ATM in Albuquerque, New Mexico. @99Piloto Today a maker of Bitcoin ATMs claimed that it launched the US' first such machine in Albuquerque, New Mexico. The maker of the machines, Lamassu, says on its website that users can purchase bitcoins by scanning a bitcoin QR code and ...

Updated: Ahead of the roll out of Robocoin's Bitcoin ATMs in Austin and Seattle later this month, Portuguese company Lamassu said it has installed a Bitcoin ATM in Albuquerque , N.M. and plans to install another one later this week, a representative told Fast Company . The U.S. will s...

Robocoin's bitcoin ATMs are hitting the United States later this month, Reuters reported Tuesday. Robocoin is installing these automated teller machines in Seattle, Wash., and Austin, Texas. The kiosks will enable a person to buy and sell the digital currency after scanning the user's...

(Reuters) - Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency. The kiosks, to be installed in Seattle, and Austin, Te...

The emergence of public ATMs, the company says, is a step toward making Bitcoin, a currency that's not backed by a government or bank and has no physical assets to prop up its value, a more comfortable buy for mainstream users outside the Webcentric circles where it currently thrives.

Bitcoin exchange Mt. Gox plans to lift its suspension of external Bitcoin transfers soon after fixing a weakness in its accounting process that left it susceptible to denial-of-service attacks, company representatives said Monday. Further Reading Bitcoin exchanges buckle under strain ...

Bitcoin automated teller machiness will soon become available in the U.S., potentially increasing the customer base for businesses that accept the digital currency. Robocoin , a Las Vegas-based startup, announced on Tuesday that it will install the first ATMs in the U.S. in Seattle an...

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Of late, though, bitcoin's three bulwarks have come under fire. Its anonymity has caught the attention of regulators and law-enforcement agencies because of alleged money laundering. Its immunity to cyberattacks was called into question last week when the three main bitcoin exchanges ...